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Biotech / Medical : Aronex Pharma (ARNX)

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To: Sam Lee who wrote (245)6/2/1999 7:15:00 PM
From: Sam Lee  Read Replies (1) of 320
 
Well, two weeks ago in post 242 I spoke of $5. Now we have it. So back to my crystal ball. Umm.

O.k. My best guess is that someone(another company)is accumulating for a potential buyout.

No one follows this stock and so it probably is not fund buying. IMHO.

Doubt if it is an individual unless someone "knows something", but the volume has been really big for it to be an individual.IMHO.

So what is Aronex worth? Depends on who is figuring, but some say $12-$13 before the company repurchased Atragen. Worth more now. I don't know. I just sit here and talk to myself.

Oh well. I'm holding on to all my stock for now.

Hello out there.
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